The contingent behavior of charter fishing participants on the Chesapeake Bay: Welfare estimates associated with water quality improvements

Journal of Environmental Planning and Management
By:  and 

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Abstract

Water quality in the Chesapeake Bay has deteriorated over recent years. Historically, fishing has contributed to the region's local economy in terms of commercial and recreational harvests. A contingent behavior model is used to estimate welfare measures for charter fishing participants with regard to a hypothetical improvement in water quality. Using a truncated Poisson count model corrected for endogenous stratification, it was found that charter fishers not only contribute to the local market economy, but they also place positive non-market value on preserving the Bay's water quality. Using two estimates for travels costs it is estimated that the individual consumer surplus is $200 and $117 per trip, and the average individual consumer surplus values for an improvement in water quality is $75 and $44 for two models estimated. ?? 2006 University of Newcastle upon Tyne.

Additional publication details

Publication type Article
Publication Subtype Journal Article
Title The contingent behavior of charter fishing participants on the Chesapeake Bay: Welfare estimates associated with water quality improvements
Series title Journal of Environmental Planning and Management
DOI 10.1080/09640560500508064
Volume 49
Issue 2
Year Published 2006
Language English
Larger Work Type Article
Larger Work Subtype Journal Article
Larger Work Title Journal of Environmental Planning and Management
First page 265
Last page 278